Targa Resources (NYSE: TRGP ) is a midstream energy company which is focused on gathering, processing, transporting and marketing natural gas and natural gas liquids. It is based primarily in the Permian basin and other shale plays in USA. It has twoEquity investor with focus on long term and medium term value. Focuses on companies with good fundamentals with a long haul for investing and sector agnostic. Have passed CFA Level 1. Looking forward to building a base as an independent blogger on equity researc ...

Core Insights - Cracker Barrel Old Country Store, Inc. (CBRL) reported third-quarter fiscal 2025 results with earnings exceeding estimates but revenues falling short, indicating mixed performance [1][3][9] Financial Performance - Adjusted earnings per share (EPS) for the third quarter were 58 cents, surpassing the Zacks Consensus Estimate of 17 cents, but reflecting a 34.1% decline year over year [3][9] - Quarterly revenues reached $821.1 million, missing the consensus mark of $827 million, but showing a year-over-year increase of 0.5% [3][9] Comparable Store Sales - Comparable-store restaurant sales increased by 1% compared to the same quarter in fiscal 2024, while comparable-store retail sales decreased by 3.8% year over year [4] - Menu pricing increased by 4.9% year over year, although the predicted growth for comparable-store restaurant sales was 1.8% [4] Operating Highlights - Cost of goods sold (excluding depreciation and rent) was $247.3 million, up 1% year over year, representing 30.1% of total revenues, which is a 10 basis point increase from the previous year [5] - General and administrative expenses totaled $46 million, down 16% year over year, significantly lower than the predicted $53.9 million [5] Net Income - Adjusted net income for the fiscal third quarter was $13.1 million, down from $19.6 million in the prior-year quarter, but above the prediction of $5 million [6] Balance Sheet - As of May 2, 2025, cash and cash equivalents were $9.8 million, down from $11.9 million a year earlier [7] - Inventory at the end of the fiscal third quarter was $168.9 million, a decrease of 3.8% year over year [7] - Long-term debt increased to $489.4 million from $472.2 million a year earlier [7] Dividend Declaration - CBRL declared a cash dividend of 25 cents per share, scheduled for payment on August 13, 2025, to shareholders on record as of July 18 [7] 2025 Guidance - For fiscal 2025, the company expects revenues between $3.45 billion and $3.5 billion, with adjusted EBITDA anticipated to be between $215 million and $225 million, an increase from previous projections [10] - Commodity inflation is expected to be in the mid-2% range, while hourly wage inflation is also anticipated to be in the mid-2% range, down from earlier estimates [10] Capital Expenditures - Capital expenditures are projected to be in the range of $160 million to $170 million [11]

Key Takeaways RTX won over $2B in new defense contracts, including its largest AIM-9X Block II missile order to date. Q1 sales rose 8% organically, fueled by strong commercial aftermarket gains at Pratt U.S.-based RTX Corp. (RTX) , a leading defense contractor known for its combat-proven technologies, including aircraft engines, missiles, radars, and sensors, continues to secure steady orders from the Pentagon and allied nations. Riding this momentum, the company recently landed several major contracts and ...

If you’ve been keeping up with my recent takes on Strategy 'MicroStrategy' (NASDAQ: MSTR ), you know that I find Michael Saylor's financial engineering empire a great vehicle for levered exposure to Bitcoin ( BTC-USD ). INikolaos Sismanis holds a BSc in Banking and Finance and has over five years of experience as an equities analyst. He covers a variety of growth stocks and income stocks, including identifying those with the highest expected return potential, and a solid margin of safety. He is a contributi ...

Tesla, Inc.'s (NASDAQ: TSLA ) recent volatility is less an earnings issue and more an empire risk. The Musk-Trump battle shattered an illusion of political insulation that investors had long factored in.Pythia Research focuses on multi-bagger stocks, primarily in the technology sector. Our approach combines financial analysis, behavioral finance, psychology, social sciences, and alternative metrics to assess companies with high conviction and asymmetric risk-reward potential. By leveraging both traditional ...

Boltz-2 is the first biomolecular co-folding model to combine structure and binding affinity prediction, approaching the accuracy of physics-based free energy perturbation (FEP) calculations but at speeds up to 1000x faster in standard benchmarks The development of this open source model for academic and commercial use was a collaborative effort, combining MIT’s deep academic expertise with Recursion's AI research and NVIDIA-accelerated supercomputer, BioHive-2 Salt Lake City, UT, June 06, 2025 (GLOBE N ...

GREENWICH, Conn., June 06, 2025 (GLOBE NEWSWIRE) -- Leverage Shares by Themes, an issuer of innovative exchange-traded products, is excited to announce the launch of a first-to-market new single stock leveraged ETF, available for trading starting June 6, 2025. This product is designed to equip investors to amplify returns (up and down) and dynamically participate in the performance of a leading company. The new ETF is tailored to target a 200% exposure to the daily performance of its underlying stock, RTX C ...

MAUMEE, Ohio, June 6, 2025 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the Deutsche Bank Global Auto Industry Conference on June 12. Beginning at 12:55 p.m. EDT, Dana's Senior Vice President and Chief Financial Officer Timothy Kraus will host a fireside chat for approximately 35 minutes.Information on accessing the webcast will be posted to Dana's Investor website, www.dana.com/investors, before the event.About Dana IncorporatedDana is a leader in the design and manu ...

Announces Notification of Additional Delinquency with Nasdaq for Late Filing of Annual Report on Form 10-K for the period ended December 31, 2024 and its Quarterly Report on Form 10-Q for the period ended March 31, 2025Expects to Return to Normal Filing Cadence by Fall 2025LOS ANGELES, June 6, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced it received an additional delinquency notification letter from Nasd ...

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Civitas Resources, Inc. due to allegations of misleading statements and failure to disclose critical information regarding the company's financial and operational status [2][4]. Group 1: Allegations Against Civitas - The complaint alleges that Civitas and its executives violated federal securities laws by making false and misleading statements, including the likelihood of a significant reduction in oil production in 2025 [4]. - It is claimed that increasing oil production would necessitate acquiring additional acreage, leading to significant debt and asset sales [4]. - The company's financial condition is said to require disruptive cost-reduction measures, including a substantial workforce reduction [4]. - As a result, Civitas's business and financial prospects were overstated, making public statements materially false and misleading [4]. Group 2: Financial Performance and Market Reaction - On February 24, 2025, Civitas reported fourth quarter and full year financial results that missed consensus estimates for revenue and non-GAAP EPS [5]. - The company announced a 10% workforce reduction and the immediate termination of its Chief Operating Officer and Chief Transformation Officer [5]. - Following this news, Civitas's stock price dropped by $8.95, or 18.2%, closing at $40.35 per share on February 25, 2025, resulting in investor losses [5]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses in Civitas are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1][2]. - There is a deadline of July 1, 2025, for investors to seek the role of lead plaintiff in the federal securities class action against Civitas [2][6]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Civitas's conduct [7].